RSPO

Golden Agri-Resources (GAR) has progressed in its Roundtable on Sustainable Palm Oil (RSPO) certification plans. In September 2011, we achieved RSPO certification for 14,955 ha of plantations and one mill under SMART in North Sumatra. These were the first palm oil operations from GAR to receive RSPO certification.

Then in January 2012, GAR’s subsidiary IMT announced that it had received RSPO certification for two of its subsidiaries PT Ramajaya Pramukti (RJP) and PT Buana Wiralestari Mas (BWL). The certification covered 18,762 ha of plantations and three mills in Kampar District, Riau Province.

To date, 257,928 hectares of plantations including smallholders plantation 51,149 hectares, 29 mills, 9 kernel crushing plants, 6 refineries, 7 bulking stations and 1 oleochemical plant have received RSPO certification. In order to comply with ongoing changes in Indonesian Sustainable Palm Oil regulations regarding the land ownership certification, we are extending the timeframe for completion of RSPO certification for the remaining 10 mills (as at 30 June 2010). Under the current regulatory conditions, we expect to complete the RSPO certification process by 2020.

Total units to be certified by 2020 consist of 39 mills and 385,004 hectares of plantations which include 55,021 hectares of plasma plantations (as at 30 June 2010). Palm oil operations established after 30 June 2010 will be part of separate time-bound plan.